Evercore ISI Group Maintains Outperform on Warner Music Gr, Raises Price Target to $38
Portfolio Pulse from jenniferd'souza@benzinga.com
Evercore ISI Group analyst Vijay Jayant maintains an 'Outperform' rating on Warner Music Group (NASDAQ:WMG) and raises the price target from $35 to $38.
August 14, 2023 | 12:07 pm
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POSITIVE IMPACT
Evercore ISI Group maintains an 'Outperform' rating on Warner Music Group and raises the price target from $35 to $38. This could potentially lead to an increase in the stock's price.
The 'Outperform' rating indicates that the analyst expects the company to do better than the market average. The increase in the price target from $35 to $38 suggests that the analyst sees more upside potential in the stock, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100